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incentives. The framework is intended as an enabler for visualization, optimization and decision making across diverse dimensions …
Persistent link: https://www.econbiz.de/10009436785
-simplifying optimization techniques need to be employed. General methods for simulation optimization that do not inhibit system … economists. This paper describes the theory and algorithm of a robust and efficient simulation optimization approach, the Complex …For simulation to be truly useful for investigating many problems in agricultural economics, non …
Persistent link: https://www.econbiz.de/10005522487
optimal worker schedule and designed a simulation model to represent the workflow of the transcription function of a medical …
Persistent link: https://www.econbiz.de/10009477346
Automobile sector forms the backbone of manufacturing sector. Vehicle assembly line is important section in automobile plant where repetitive tasks are performed one after another at different workstations. In this thesis, a methodology is proposed to reduce cycle time and time loss due to...
Persistent link: https://www.econbiz.de/10011773122
Simulation optimization is providing solutions to important practical problems previously beyond reach. This paper … explores how new approaches are significantly expanding the power of simulation optimization for managing risk. Recent advances … in simulation optimization technology are leading to new opportunities to solve problems more effectively. Specifically …
Persistent link: https://www.econbiz.de/10004971625
We develop a framework for automated optimization of stochastic simulation models using Response Surface Methodology …. The framework is especially intended for simulation models where the calculation of the corresponding stochastic response … function is very expensive or time-consuming. Response Surface Methodology is frequently used for the optimization of …
Persistent link: https://www.econbiz.de/10004972270
simulation capability can be developed at the fish industry port level and propose a simulation-based optimization strategy to … conduct energy modelling and optimization for the Milford Haven fish processing port in South Wales. We explain how a … appliance schedules developed in relation to the total energy demand as well as a wide range of optimization constraints. …
Persistent link: https://www.econbiz.de/10012652146
With the help of the simulated process, it could be realized all kind of experiments on a model. It could be tested lots of ideas, a returning in time to make possible remaking of manipulation scripts of some key variables with the purpose of observation based on experiments the effect above...
Persistent link: https://www.econbiz.de/10005756557
-simplifying optimization techniques need to be employed. General methods for simulation optimization that do not inhibit system … economists. This paper describes the theory and algorithm of a robust and efficient simulation optimization approach, the Complex …For simulation to be truly useful for investigating many problems in agricultural economics, non …
Persistent link: https://www.econbiz.de/10005790632
In this paper we describe a simulation approach to explore optimal defensive strategies concerning an entrant situation …
Persistent link: https://www.econbiz.de/10008555970